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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Federal Way, WA
Listed for sale 1 day ago
$ 650,000
ROI
22.6
Cash Flow/m
452- 4 Bed
- 3 Bath
- 1810 sft
32719 40th Avenue SW, Federal Way, WA, 98023
Rental Income
Listed for sale 1 day ago
$ 899,000
ROI
24.4Cash Flow/m
1060- 5 Bed
- 4 Bath
- 4200 sft
558 SW 298th Street, Federal Way, WA, 98023
Fix & Flip
$ 599,990
ROI
24.1Cash Flow/m
673- 4 Bed
- 3 Bath
- 2170 sft
33136 35th Avenue SW, Federal Way, WA, 98023
$ 500,000
ROI
26.4Cash Flow/m
920- 4 Bed
- 3 Bath
- 2050 sft
31222 22nd Avenue SW, Federal Way, WA, 98023
Why Invest in Federal Way, Washington?
Federal Way, WA offers strong opportunities for single-family home investments with steady appreciation and solid rental demand. The market shows competitive conditions, with homes selling quickly and median prices around $600K. Renter-occupied rates exceed 40%, supporting reliable cash flow. Annual appreciation hovers at 2-4%, while cap rates of 5-6% attract value-focused investors. Proximity to Seattle enhances long-term growth potential.
7.2%
Avg. ROI
5.1%
Rental Yield
5.4%
Cap Rate
$1850/mo
Avg. Cash Flow
$2450/mo
Avg. Rent
2.8%
1Y Appreciation
Frequently Asked Questions
Median sale prices for single-family homes reached $600K in late 2025, up slightly year-over-year. Homes sell competitively in about 46 days. This reflects steady demand near Seattle.
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